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Whether looking to maximize their current asset values or venturing into new opportunities, even the most experienced property owners know that the right guidance and expertise can be the difference between profitability or loss, success and failure.
CRC advises and assists owners in a wide range of financing, development, land use, and due diligence processes.
Frequent scenarios in which CRC assists property owners include:
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Acquisitions and due diligence. Coordinating all steps and processes for property acquisition, refinancing, project feasibility and evaluation. CRC consults on planned and existing development projects, including review and analysis of operating statements, income and expense audits, tax appeals, and appraisal reviews for operating properties.
- Strategic marketing. Advising developers on multifamily projects, such as number and ratio of bedrooms per unit, amenities, level of finishes, lease-up programs, and how to maximize profitability.
- Capital improvements. Strategizing and sequencing of major capital improvement campaigns, including the staging and timing of construction to best accommodate existing tenants and to attract new ones.
- Financing assistance. Streamlining the process for obtaining permanent loans, construction loans, or refinancing. Includes researching the most qualified lenders, producing thorough financial packages, creating decision models, and assisting in negotiations.
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